2022 Investor Day Presentation

2022- 2026 E OUTLOOK Optimally funding our capital program $ Billions 60 50 40 Capital expenditures 36 30 Funds 20 generated from operations¹) 39 10 Dividends 20 0 3 Net longterm debt and hybrids 11 August 2022 equity issuance and DRP 3 Commercial paper, KXL recoveries and other OOOOO 00000 00000 00000 0 OOOOO 00000 о 0 00000 0 OOOOO 0000000000 OOOOO 000000 Uses Sources (1) Funds generated from operations is a non-GAAP measure. The most directly comparable measure presented in our financial statements is net cash provided by operations. See the forward-looking information and non-GAAP measures slide at the front of this presentation for more information. Note: Figures do not include impact of potential asset sales or further revisions to Coastal GasLink project costs. Incremental debt capacity through predictable comparable EBITDA (1) growth Well-supported commercial Access to debt capital markets paper programs in Canada and the U.S. ~$11 billion of committed revolving credit facilities 33 on compelling terms

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